By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
Bank Indonesia Holds Rate at 5.75% Despite Market Expectations for a Hike
Bank Indonesia held its key interest rate at 5.75%, defying expectations of a quarter-point increase. The central bank has already raised ra
Iberdrola Profit Jumps 22% as Grid Investment Surges in UK, US, Brazil
Iberdrola's first-half net profit rose 22% to €4.34 billion as the utility ramped up grid investment in Britain, the US, and Brazil. The com
Oil Rally Pushes Indian Bond Yields Higher, But RBI Support Caps Rise
Indian government bonds weakened after Brent crude rose 1.3% to a six-week high, but buying from state-run banks and RBI-linked inflows kept
UK Inflation Dips to 2.6% in June, but Bank of England Still Poised to Hold Rates
UK consumer price inflation cooled to 2.6% in June, slightly below forecasts. Despite the dip, markets still expect the Bank of England to h
Australians Fear Inflation Most, But Many Miss How Rate Hikes Work
A new RBA survey shows inflation is Australians' top economic concern, but just 25% correctly link higher interest rates to lower inflation.
Equinor Nearly Doubles Q2 Profit as Oil and European Gas Prices Surge
Equinor's second-quarter profit nearly doubled to $11.48 billion, fueled by higher oil and European gas prices. The state-backed Norwegian e
South Korea's Factory-Gate Inflation Stays Hot at 8.6% as Central Bank Flags More Rate Hikes
South Korea's factory-gate inflation remained elevated in June, with producer prices up 8.6% year-over-year. The Bank of Korea has signaled
Oil Hits Five-Week High as US-Iran Tensions Rise; Nigeria Holds Rates, Ghana Awaits Decision
Oil prices rose to a five-week high as US-Iran tensions escalated, coinciding with Nigeria's decision to hold interest rates at 26.50% and G
Westpac Leading Index Signals Australian Economy Losing Steam Ahead of Key Inflation Data
Westpac's Leading Index dropped to -0.36% in June, the sixth consecutive below-trend reading. The bank now expects the RBA to raise rates by
South Korea Approves Restructuring of Yeosu Petrochemical Hub to Tackle Oversupply
South Korea has approved a restructuring plan for the Yeosu petrochemical hub, idling two ethylene units over three years. The government-ba
Alaska Air Profit Forecast Hit by Rising Jet Fuel Costs After July Oil Spike
Alaska Air warned investors that third-quarter profit could fall well short of expectations after a July surge in oil and jet fuel prices. T
US Threatens 50% Tariffs on Canada in Escalating Trade Dispute Over Cheese and Booze
The US administration is planning 50% tariffs on Canadian imports, citing discrimination against American cheese and other trade grievances.